The indexes are trading mixed, the Dow is up, the NASDAQ is down, the transportation index showing good strength. This merely indicates funds shifting around versus any major change of investor sentiment. The uptrend remains in progress. Continue to stay long in positions that are not showing any sell signals in closing below the T-line, a very simple trend strategy.
January 14th Daily Market Comments
The indexes are trading mixed, the Dow is up, the NASDAQ is down, the transportation index showing good strength. This merely indicates funds shifting around versus any major change of investor sentiment. The uptrend remains in progress. Continue to stay long in positions that are not showing any sell signals in closing below the T-line, a very simple trend strategy.